[00:00:01] WELL, IT GO. WATCH OUT FOR THOSE OHIO PEOPLE. OH. GOOD MORNING. WELCOME TO THE [CALL TO ORDER] MCKINNEY ECONOMIC DEVELOPMENT CORPORATION BOARD MEETING. IT IS 8:01 A.M. ON TUESDAY, DECEMBER 16TH, 2025. WE'RE IN THE COUNCIL CHAMBERS AT 401 EAST VIRGINIA STREET, MCKINNEY, TEXAS, PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551002, A QUORUM OF THE CITY COUNCIL MAY BE PRESENT. NO CITY COUNCIL ACTION WILL BE TAKEN. OUR MEETINGS ARE BROADCAST LIVE ON THE CITY'S WEBSITES AT MCKINNEY. IT'S RIGHT THERE. I'M NOT GOING TO READ IT. TEXAS SWAG ON AND ON AND ON. FIRST ITEM ON THE AGENDA IS PUBLIC COMMENTS ON ANY AGENDA ITEMS ANYBODY IN THE AUDIENCE LIKE TO ADDRESS THE BOARD? NO. OKAY. COME IN HERE. NOW. WE HAVE A SPECIAL [Special Presentation by Chairman Brian Loughmiller] PRESENTATION THIS MORNING. AND I THINK WE'LL DO IT DOWN FRONT. OH, HERE WE GO. I GOT THIS SPECIAL GIFT WRAPPING MEDICI. IF YOU WOULD LIKE TO ACCOMPANY DOWN TO THE FRONT OF. WHAT IS THAT? WHAT IS THAT? THIS IS AWESOME. I HAVE TALKING POINTS. YES I DO, YES. SO I HAD TO DO SOME RESEARCH BECAUSE, YOU KNOW, LAST YEAR, SCOTT WAS KIND ENOUGH TO WEAR HIS OHIO STATE SCARF TO A MEETING IN HIS. YOU KNOW, OHIO STATE IS THE SECOND COMING. BUT I WAS OUT THERE A CHAMPIONSHIP. AND SO STATISTICALLY SO SO WHAT'S SO IMPRESSIVE ABOUT THIS YEAR? THERE'S A LOT OF THINGS THAT ARE IMPRESSIVE ABOUT THIS YEAR, INCLUDING OHIO STATE LOSING TO INDIANA AT THE BEGINNING OF THE SEASON, BUT ESPECIALLY WHEN YOU THINK ABOUT THAT, INDIANA UNIVERSITY HOLDS THE RECORDS FOR THE MOST LOSSES EVER IN COLLEGE FOOTBALL. MORE THAN 700 LOSSES. YES, OHIO STATE ACTUALLY HOLDS THE RECORD FOR THE MOST WINS OVER A THOUSAND. IN FACT, THEIR RECORD WAS LIKE A THOUSAND. AND AND THEN IT'S FOR LOSSES. IT SAID 330 TO 335. SO I GUESS IF YOU'RE FROM OHIO STATE YOU ONLY LOST 330. BUT IF YOU'RE NOT FROM OHIO STATE YOU LOST 335 GAMES. SO I'M NOT REALLY SURE HOW THAT WORKS. INDIANA'S LAST UNDEFEATED SEASON WAS 1945. INDIANA'S BEST KNOWN FOR WHAT SPORT? BASKETBALL. YOU KNOW, THEY'VE WON MORE. THEY'RE FOURTH ON THE LIST FOR NATIONAL CHAMPIONSHIPS IN BASKETBALL. AND SO THEY NO LONGER HAVE TO HAVE THE SLOGAN WAIT FOR BASKETBALL SEASON BECAUSE THEY'RE NOT GOOD FOOTBALL TEAM. AND THEN BECAUSE WE HAVE PEOPLE IN THIS ROOM AND ON THIS BOARD THAT ALWAYS SCREAM ABOUT OKLAHOMA BOOMER, I ALSO HAD TO FIND OUT, WELL, OKLAHOMA ACTUALLY HAS 951 WINS, SIX ALL TIME AND A 723 WINNING PERCENTAGE AND SEVEN NATIONAL CHAMPIONSHIPS. BUT THEN ONCE AGAIN, OKLAHOMA IS NOT GOING TO BE THE NATIONAL CHAMPION THIS YEAR. SORRY, THEY'RE NOT GOING TO BE THE NATIONAL CHAMPIONSHIP THIS YEAR PULLING IT OUT RIGHT NOW. BUT WE HAVE THIS REALLY, YOU KNOW, JUST IN HONOR OF INDIANA BEATING OHIO STATE AND MENDOZA GETTING THE HEISMAN AND KNOWING HOW EXCITING YOU ARE THAT OHIO STATE LOST TO THEM. WE HAVE A SPECIAL PRESENTATION FOR YOU FOR THIS YEAR, WHICH, YOU KNOW, WE HAD THIS SPECIALLY MADE FOR SCOTT. LOVE, INDIANA UNIVERSITY. AND WEAR IT WITH PRIDE THROUGHOUT THE PLAYOFFS. WEAR IT WITH PRIDE. IF INDIANA HAPPENS TO PLAY OHIO STATE AND HAS A CHANCE TO BEAT THEM A SECOND TIME AND WELL, I'D LIKE TO THANK YOU. THANK YOU FOR PAUL. CONGRATULATIONS. YEAH. OKAY. IS THAT A SATANIC STAR? HERE'S PAUL'S DRINKING GLASS TODAY. SO YEAH. BUT AS WE GO FURTHER INTO THIS, THAT'S TALK ABOUT, YOU KNOW, SOMETHING THAT REALLY DOESN'T HAPPEN VERY OFTEN IN THE GREAT STATE OF INDIANA IS BEATING OHIO STATE. CONGRATULATIONS. YOU GUYS DONE SOMETHING THAT NOTRE DAME HASN'T DONE SINCE 1936. THOSE LITTLE LEPRECHAUNS UP NORTH IN SOUTH BEND, YOU GUYS ARE NOW BEHIND INDIANA IN FOOTBALL. TWO BASKETBALL SCHOOL. I MEAN, THAT WAS THE 90S. I MEAN, ROBERT MONTGOMERY KNIGHT THE GENERAL GETS LET GO OF BLOOMINGTON HEADS DOWN TO THE PASTURES OF LUBBOCK. AND IT'S BEEN DOWNHILL EVER SINCE. THE BASKETBALL. WELL, THAT WAS A LONG TIME AGO, TOO. SO YOU KNOW EXACTLY. BUT CONGRATULATIONS, PAUL. NUMBER ONE, BIG TEN. THEY DON'T WANT ME TO FINISH THIS NUMBER ONE, NUMBER ONE IN THE CFP. BUT THE NUMBER THIS YEAR IS TWO OHIO STATE'S NUMBER TWO. AND WE'RE GOING TO WIN OUR SECOND NATIONAL CHAMPIONSHIP. OH. BOY. [00:05:10] OH. I. CENSORED HIM. OH. OUR NEXT MEETING IN HONOR OF OUR PRESIDENT, WE'RE GOING TO HAVE TO HAVE AN IVY LEAGUE AWARD. THEY DON'T PLAY SPORTS. AN IVY LEAGUE ACADEMIC DECATHLON. THAT'S IT. I THINK THEY'RE DEBATE CLUBS. HE'S ON THE MATH TEAM. OKAY, OKAY. GO. HOOSIERS, HOTTY TODDY. THAT'S RIGHT. OLE MISS IS IN THIS THING TOO. SOMEWHERE WE ARE. YEAH. OKAY, [CONSENT ITEMS] SO NEXT IS WOW 25 38348 SEVEN MINUTES. WELL ACTUALLY WE HAVE TWO. SO THESE ARE CONSENT ITEMS. WE CAN VOTE ON THEM TOGETHER. ANYBODY HAVE ANY QUESTIONS ON THE MINUTES FOR OCTOBER OR THE MINUTES FOR NOVEMBER I MOVE TO ACCEPT AS PRESENTED OKAY. GOT A MOTION. SECOND. SECOND. ARE WE VOTING ON THIS? I DON'T EVEN KNOW HOW THE THING COMES UP. OKAY, MY MY IBM SELECTRIC IS MOVING A LITTLE SLOW THIS MORNING. TANDY. YES. THERE WE GO. HERE WE GO. ALL RIGHT. I DON'T SEE THAT MOTION IN PROGRESS. THERE WE GO. NOW WE CAN VOTE. AND THAT MOTION [Board and Liaison Updates City of McKinney Community Development Corporation Visit McKinney MEDC Committee Updates Board Chairman] PASSES. REPORTS, BOARD AND LIAISON UPDATES. CITY OF MCKINNEY. FAMOUS INDIANA UNIVERSITY ALUMNI. MY GOAL IS TO ANNOY EVERYBODY ON STAFF AND EVERY BOARD MEMBER AND EVERY COUNCIL MEMBER ABOUT INDIANA FOOTBALL THIS YEAR, BECAUSE WE JUST DON'T GET TO EXPERIENCE THIS. BUT WHERE'S THE CANDY STRIPES TODAY? WHERE'S YOUR CANDY STRIPES? YOU SHOULD BE WEARING THOSE FOR THE WHOLE WEEK. CANDY STRIPES TODAY. THAT'S RIGHT. WELL GOOD MORNING, MR. CHAIRMAN. MR. PRESIDENT, MEMBERS OF THE BOARD, A FEW THINGS TO UPDATE YOU ON. SO JUST LAST FRIDAY, DECEMBER 12TH WE WENT LIVE, IF YOU WILL, WITH AN RFQ FOR A SPORTS COMPLEX DEVELOPMENT. THIS IS FOR THE PARKLAND PROPERTY THAT IS AT THE CORNER OF BLOOMDALE. AND WHAT'S THE IRWIN PARK? IRWIN? WELL, SOUTH OF IRWIN PARK. TAYLOR. TAYLOR. BURKE. THAT'S RIGHT. TAYLOR. BURKE IS GOING TO ULTIMATELY CONNECT WITH THE BYPASS. BLOOMDALE ROAD WILL BE FUTURE BYPASS. AND THERE'S 230 ACRES ON THE SOUTH SIDE OF BLOOMDALE. THERE'S ANOTHER 50 ACRES ADJACENT ON THE NORTH SIDE OF BLOOMDALE. SO WE HAVE AN RFQ OUT ON THE STREET SEEKING DEVELOPMENT PARTNERS TO. GIVE US PROPOSALS OR GIVE US THEIR QUALIFICATIONS FOR DEVELOPING A REGIONAL SPORTS COMPLEX AT THAT LOCATION. SO THAT IS GOING TO BE ON THE STREET FOR A MONTH OR SO, AND WE WILL. WE'RE ANXIOUS TO SEE HOW. WHAT KIND OF NET? WELL, THE NET WE CAST, WHAT KIND OF FISH WE CATCH, IF YOU WILL. FOR FOLKS, THERE'S DEFINITELY A LOT OF INTEREST. WE'VE GOTTEN A LOT OF FOLKS CALLING US AND ASKING US ABOUT IT. THE KEY IS TO GET AN INTEGRATED SPORTS COMPLEX THAT PROVIDES THE TYPES OF FACILITIES AND AMENITIES THAT ARE GOING TO OBVIOUSLY BE IN DEMAND IN THIS MARKETPLACE, BUT ALSO OVER THE NEXT DECADES. SO LOOKING FORWARD TO SEEING THAT. WE HAVE JUST A KIND OF A FUN STORY. WE HAD THE WFAA SANTA'S HELPERS TOY DRIVE LAST WEEK, 24 OVER 2400 TOYS THAT CITY OF MCKINNEY STAFF RAISED OR GENERATED OR DONATED OR WHATEVER. YEAH. THAT IS LAST YEAR AND I HAVE TO GIVE IT OUR HATS OFF TO OUR FIRE DEPARTMENT. SO OUR FIRE DEPARTMENT, THEY ACTUALLY RAISED 1500 OF THOSE TOYS. WOW. AMAZING JOB BY THE FIRE DEPARTMENT. THEY REALLY PUT THEIR THEIR MINDS TO IT AND THE RESOURCES AND THEIR EFFORTS. AND THEY RAISED A LOT OF TOYS, A LOT OF DONATIONS FOR TOYS. AND WE'RE VERY GRATEFUL FOR THAT. OF COURSE, A COUPLE OF OTHER THINGS TO SHARE WITH YOU TONIGHT AT CITY COUNCIL MEETING. WE'VE GOT FOUR AGENDA ITEMS ON THE REGULAR AGENDA THAT ARE ALL RELATED TO THE AIRPORT, THE CONSTRUCTION. WE'RE GOING TO BE AWARDING A CONTRACT CONSTRUCTION CONTRACT TO MARIO SINACOLA FOR CONSTRUCTION OF TAXIWAY CHARLIE. THAT'S THE TAXIWAY THAT WILL CONNECT TO THE PASSENGER SERVICE TERMINAL, AS WELL AS THE ROUNDABOUT AND THE ROAD CONNECTOR TO THE AIRPORT PROPERTY OFF OF FM 546. WE HAVE A COUPLE OF ANCILLARY CONTRACTS RELATED TO THAT AS WELL. CONSTRUCTION, ENGINEERING OR CONSTRUCTION, OWNER'S REP SERVICES AND MATERIALS TESTING. BUT THE UPSHOT IS A NEXT BIG MILESTONE IS GOING TO BE CONSIDERED TONIGHT, HOPEFULLY ADOPTED BY THE COUNCIL. WE GET MOVING FORWARD WITH THAT PHASE [00:10:03] OF THE CONSTRUCTION OF THE AIRPORT. WE DID JUST SEE WE HAD A PICTURE PHOTO CIRCULATE YESTERDAY. THE FIRST WALL OF THE TILT WALL TERMINAL WAS UP WAS ERECTED. SO YOU GOT THIS OPEN AREA. YOU HAVE ONE WALL UP THAT'S THAT LOOKS BEAUTIFUL TO US. SO GREAT TO SEE. YES IT'S VERTICAL. WE'RE GOING VERTICAL. SO THAT IS THE THOSE ARE THE MAIN THINGS THAT TONIGHT'S COUNCIL WE DO HAVE A WORK SESSION WHICH WILL TALK ABOUT SOME PARKLAND DEDICATION DISCUSSION. WE'VE HAD SOME QUESTIONS FROM THE COUNCIL. IT'S AN OPPORTUNITY FOR US TO EDUCATE THE COUNCIL ON POLICY THAT WAS ADOPTED, THE ORDINANCE THAT WAS ADOPTED A FEW YEARS AGO. BUT WE'VE GOT SOME NEW FOLKS, AND WE ALWAYS WANT TO MAKE SURE THAT OUR PARKLAND DEDICATION FEES, THAT THEY ARE CONSISTENT WITH THE MARKETPLACE AND THAT OUR COUNCIL UNDERSTANDS THE RATIONALE BEHIND THOSE. SO THEY'LL BE INTERESTING DISCUSSION IN THAT REGARD AS WELL. SO WITH THAT, I WILL STAND FOR ANY QUESTIONS. QUESTIONS. THANK YOU. WELL, IN THE MEANTIME, IF I DON'T SEE YOU, SOME OF YOU HAPPY HOLIDAYS AND WE'LL BE ALL DIALED IN TO I DID BUY MY PEACH BOWL TICKETS, SO I'M ON A BIT ON THE COME BECAUSE SEE, YOU HAVE A HARDING INDIANA HAS TO GO IN THEIR FIRST ROUND TEXAS TECH WERE TWO OF MY KIDS GO HAVE TO WIN THEIR FIRST ROUND OF GAME, WHICH IS ACTUALLY THE SECOND ROUND OF THE PLAYOFFS. AND THEN THEY'LL MEET IN THE PEACH BOWL. SO THAT WOULD BE A LOT OF FUN FOR THE GRIMES FAMILY. SO HOPEFULLY AT LEAST ONE OF THE TWO GETS THERE. OKAY. ANYWAY THANK YOU, THANK YOU. CDC IS NOT HERE TODAY OKAY AARON VISIT MCKINNEY. GOOD MORNING. GOOD MORNING, MR. CHAIRMAN. MR. PRESIDENT, MEMBERS OF THE BOARD AARON WARNER, EXECUTIVE DIRECTOR AT MCKINNEY, WILL CONTINUE THE COLLEGE FOOTBALL TALK. WE'RE JUST GOING TO BRING IT DOWN TO D2 NOW. SO I DON'T I DON'T SEE ANY HATS OR SHIRTS UP THERE FOR THE D2 TEAMS. BUT HERE IN MCKINNEY, THIS IS D2 WEEK FOR US. AND SO WE'RE EXCITED TO WELCOME THOUSANDS OF PEOPLE TO THE COMMUNITY STARTING TOMORROW, BUSSES AND PLANES AND EVERYBODY WILL BE FLYING IN TO HAVE OUR NCAA D2 NATIONAL FOOTBALL CHAMPIONSHIP THIS YEAR. WE HAVE HARDING UNIVERSITY COMING BACK, WHICH IS COUNCILMAN BELLER'S ALMA MATER, WHERE HE PLAYED. SO EXCITED TO HAVE THEM BACK IN THE COMMUNITY. AND THEY ARE PLAYING AGAINST THE OTHER D2 POWERHOUSE, WHICH IS FERRIS STATE, WHO HAS BEEN IN MCKINNEY SEVERAL TIMES, AND THEY ACTUALLY HAVE MADE THEMSELVES HOME AT SEVERAL OF OUR ENTITIES, LIKE THE KELT IN DOWNTOWN MCKINNEY, I BELIEVE IS LIKE THE LOCAL BAR OF FERRIS STATE. YOU CAN ACTUALLY FIND THAT ON GOOGLE NOW. SO PRETTY EXCITING TO HAVE THESE TWO TEAMS IN. WE'RE EXPECTING A FULL HOUSE AT THE STADIUM WITH WITH THE TEAMS THAT WE HAVE COMING. SO I THANK YOU TO MR. HAMILTON. HE ALWAYS HOSTS THE NCAA REPS WHEN THEY COME INTO TOWN FOR DINNER ON FRIDAY NIGHT. IT'S LITERALLY ONE OF THEIR FAVORITE THINGS TO DO WHEN THEY COME TO MCKINNEY IS SPEND TIME OVER AT LOCAL YOKEL. SO ALL AROUND IT'S GOING TO BE A GREAT TIME. FAN FEST IS FRIDAY NIGHT, 6 P.M. AND WE LOOK FORWARD TO IT. THE SECOND THING IS A IS A LITTLE MARKETING CAMPAIGN THAT WE'RE DOING RIGHT NOW. FOR ANY TEXAS MONTHLY READERS OUT THERE, ONE OF THE THINGS WE DO WITH DATA, GEOLOCATION DATA IS WE LOOK AND SEE WHERE PEOPLE COME FROM, THAT COME TO MCKINNEY AND STAY OVERNIGHT. AND GEOLOCATION DATA SHOWS THAT HOUSTON IS ACTUALLY OUR TOP MARKET FOR OVERNIGHT STAYS THAT COME TO MCKINNEY. SO WE DRILL INTO THAT A LITTLE BIT MORE WITH ZIP CODES. AND WE PROVIDED THOSE TO TEXAS MONTHLY. AND THIS PAST, WHICH WAS THINGS TO DO IN TEXAS. WE SENT 10,000 POLY BAGGED VISITOR GUIDES TO SPECIFIC ZIP CODES IN IN THAT HOUSTON MARKET SO THAT WHEN THEY OPEN THEIR MAGAZINE, THEY HAD THE VISITOR GUIDE RIGHT THERE IN THE FRONT OF THE ENTIRE MAGAZINE. SO THAT WAS A PRETTY COOL THING WITH THAT AS WELL. WE HAD A FULL PAGE AD IN THE MAGAZINE THAT WENT TO EVERYBODY. SO THAT'S ALL AROUND THE STATE RIGHT NOW, AND WE'VE HAD PRETTY GOOD QR CODE SCANS ON THAT. IT'S KIND OF YOU NEVER KNOW WHAT TO EXPECT WITH QR CODES THESE DAYS, BUT WE'VE HAD MORE THAN IN MOST CAMPAIGNS. SO WITH THAT, I'LL STAND FOR ANY QUESTIONS. I WILL SAY THAT THE D TWO CHAMPIONSHIP DOES ELEVATE PLAYERS TO THE NEXT LEVEL. OLE MISS IS STARTING QUARTERBACK WAS PLAYING LAST YEAR ON THAT SAME FIELD AND NOW THEY'RE PLAYING FOR THE NATIONAL CHAMPIONSHIP. EVENTUALLY ONCE THEY GET PAST EVERYBODY ELSE. SO AGAIN WE SHOULD ADOPT AS MCKINNEY OLE MISS FOR ELEVATING PLAYERS TO THE NEXT LEVEL. EVERY TIME THEY SHOW US. HIGHLIGHT FROM HIM WINNING THE NATIONAL CHAMPIONSHIP, THEY SHOW MISD STADIUM. SO I'M JUST SAYING IT'S NOT HARD TO SEE. WAS THAT A MOTION OR SOMETHING? YEAH. VISIT MCKINNEY SHOULD, YOU KNOW, ADOPT THAT GOING FORWARD. YES. WE'LL LET YOU PRESENT THAT TO THE BOARD AT OUR NEXT MEETING. OKAY. I'M IN. THANK YOU. GUYS. WE MAY HAVE TO HAVE ANOTHER PRESENTATION. IF SOMEHOW TULANE BEATS OLE MISS. [00:15:01] SHUT YOUR MOUTH. YEAH, THERE'S THERE'S STILL THAT. WHAT IS IT, 16.5 POINT SPREAD I DON'T KNOW. ALL RIGHT. NEXT WE HAVE COMMITTEE UPDATES. ANYTHING FROM THE WORLD OF MARKETING. NO OKAY. WE'RE GOOD REAL ESTATE. WE DID HAVE A MEETING A WEEK BEFORE LAST AND HAVE SEVERAL THINGS ON THE AGENDA DURING OUR EXECUTIVE SESSION. OKAY. INNOVATION. ANYBODY HERE FROM INNOVATION? WE DID NOT MEET. OKAY. WE HAVE A MEETING COMING UP. FINANCE. FINANCE DID MEET. AND WE HAVE SOME THINGS TO DISCUSS IN EXECUTIVE SESSION IN REGARDS TO THAT. AND THEN GOVERNANCE IS GOVERNANCE. YEAH GOVERNANCE MET. AND AND WE WILL ALSO HAVE AN UPDATE IN EXECUTIVE SESSION ON A COUPLE OF PERSONNEL MATTERS. IF IT'S POSTED I DON'T KNOW IF IT'S POSTED. POSTED IT IS OKAY. THANK YOU. PERSONNEL MATTERS AS WELL. AND I CAN'T SAY PUBLICLY WE DID RENEW THE CONTRACT FOR MR. KOSKI FOR AT LEAST A YEAR. AT LEAST ONE MORE YEAR. ONE MORE YEAR. ONE MORE YEAR. YEAH. SO APPRECIATE EVERYTHING. KEEP WINNING COACH. THAT'S RIGHT. SO THAT'S THAT. AND THEN MY LAST COMMENTS AGAIN. I THINK CITY STAFF'S IN IN. OUR STAFF ARE DOING A GREAT JOB FOR US. AND WE'VE HAD A LOT OF EVENTS RECENTLY. WE HAD A GROUNDBREAKING YESTERDAY FOR CANNON BEACH. THAT WAS A REALLY GOOD EVENT. UP UNTIL THE TIME THAT I DROVE MY CAR ACROSS THE THE BOUNDARY. BUT ANYWAY, NO, IT WAS REALLY GOOD EVENT AND A LOT OF PEOPLE SHOWED UP TO SHOW THE ENERGY OF OUR CITY, WHICH WAS VERY NICE AND JUST WANT TO WISH EVERYBODY A MERRY CHRISTMAS AND HAPPY NEW YEAR AS WE GET INTO 2026. ALL RIGHT, [Consider/Discuss MEDC Monthly Reports] NEXT WE HAVE THE MEDICI MONTHLY REPORTS. MR. KOSKI. THANK YOU, MR. CHAIRMAN. I'D LIKE TO DO SOMETHING FIRST AND ACKNOWLEDGE MADISON CLARK. MADISON IS CELEBRATING TEN YEARS WITH THE MEDICI. SO, MADISON. EXCELLENT. YOU KNOW, EVERY SO OFTEN IN OUR OFFICE, WE DO A STAND UP MEETING IN OUR KITCHEN, COME TOGETHER AND KIND OF TALK ABOUT STUFF. AND IT'S SO SPECIAL TO HEAR PEOPLE EXPRESS THE VALUE THAT MADISON BRINGS TO MEDICI AND THE LOVE WE HAVE FOR HER. SO LET'S GIVE YOU A PUBLIC SHOUT OUT FOR ALL YOU DO. THANKS, MADISON. YEAH. NO, YOU SHOULDN'T HAVE ANY IMPACT ON HER REVIEW. AND YES. OKAY. POSITIVE. JUST A POSITIVE ONE. YEAH. THERE YOU GO. YEAH, YEAH. MANAGER LUCA IS OUT THIS MORNING. SO EXECUTIVE OR SENIOR VICE PRESIDENT MICHAEL TALLEY WILL COME AND PRESENT OUR ORGANIZATIONAL REPORT AND SOME MARKETING TIDBITS. THANKS, MICHAEL. GOOD MORNING, MR. CHAIR. BOARD. MR. KOSKI, TO JUMP RIGHT INTO PROJECTS, ECONOMIC INCENTIVES, UPDATE ON NUMBERS LEADS 47 FOR NOVEMBER 49TH PROJECTS IN TOTAL. THAT INCLUDES THE INNOVATION FUND AS WELL. AND THAT THAT ALSO INCLUDES THE REPRESENTATION OF JUST UNDER 6000 JOBS AT 1.7 MILLION IN CAPITAL INVESTMENT. AND WE'LL HAVE THE MORE DETAILED VERSION OF THIS IN EXECUTIVE SESSION AS YOU COME INTO WHEN WE BREAK. NEXT SLIDE PLEASE. COMPLIANCE REPORT OBLIGATIONS MET 43. OBLIGATIONS NOT MET. WE HAVE FOUR DIFFERENT ACTIVE AGREEMENTS THAT ARE NOT MET. SO DEAN IS WORKING ON THOSE. DID HAVE A QUICK UPDATE ON INNOVATION AS WELL. WE'VE HAD 42 APPLICATIONS SINCE THE NOVEMBER BOARD MEETING. SO THAT BRINGS US TO 288 APPLICATIONS FOR 2025. AND ONE THING THAT THAT TROY IMPLEMENTED IN SEPTEMBER IS A PRESCREENING. SO IT'S A FIVE QUESTION PRESCREENING THAT THEY CAN JUST GO TO TAKES ABOUT TWO MINUTES TO FILL OUT REALLY WHERE THEY DON'T HAVE TO GO TO THE FULL APPLICATION PROCESS TO FIND OUT IF IT, YOU KNOW, IF THEY'RE ELIGIBLE, REALLY, OR IF THEY'RE NOT WILLING TO MOVE TO MCKINNEY OR SET UP IN MCKINNEY. SINCE THAT'S BEEN SET UP, WE'VE HAD 533 PRESCREENING APPLICATIONS. WOW. I DON'T HAVE THE NUMBER FROM YESTERDAY, BUT WE DID DO A REVERSE PITCH WITH STARTUPS FROM WEB SUMMIT AND SMART CITIES AND FROM BARCELONA AND LISBON. SO I'LL GET AN UPDATE FROM THAT FOR THAT, FOR INNOVATION COMMITTEE WHEN WE MEET IN JANUARY. AND THEN QUICK UPDATE ON MR. GAZZARA'S REPORT, ABOUT 50% EMAIL NEWSLETTER OPEN RATE OF 14,000 WEBSITE VISITS. BUT THE NEXT SLIDE IS ONE THING HE WANTED TO TOUCH ON. JUST HIT 5000 TOTAL FOLLOWERS FOR LINKEDIN. ONE COOL THING YOU CAN DO WITH THESE SOCIAL MEDIA PLATFORMS IS YOU CAN SELECT THE DIFFERENT ORGANIZATIONS THAT YOU'RE GOING UP AGAINST AS FAR AS COMPARING NUMBERS. AND IT'S NOT JUST ABOUT FOLLOWERS, IT'S ABOUT ENGAGEMENT. SO I THINK LUKE HAS SOME MORE DETAILS THAT HE CAN PROVIDE TO MARKETING COMMITTEE, BUT HE DID WANT TO SHARE THIS TODAY. SO WITH THAT I'LL STAND FOR ANY QUESTIONS. [00:20:02] QUESTIONS. THANK YOU SIR. THANK YOU. ALL RIGHT. NEXT WE HAVE REGULAR AGENDA ITEM 25 349 1ST [Consider/Discuss/Act on the October 2025 Financials] OCTOBER. FINANCIALS. CHANCE. CHANCE. WHO IS YOUR TEAM? ARE YOU GOING WITH CITY MANAGER GOING TO INDIANA. WHERE ARE WE GOING? YOU DON'T HAVE NO COMMENT RIGHT NOW. RIGHT NOW I HAVE TO SAY GOTTA RIDE THE FENCE. REVIEW IS NOT DONE YET. YEAH, YEAH. GOT IT. ALL RIGHT. LET'S SEE IF THIS WORKS. OKAY. WE ARE THE FIRST MONTH OF OUR FISCAL YEAR. CHANCELLOR MILLER, ASSISTANT FINANCE DIRECTOR I WILL NOTE WE ARE STILL CLOSING OUT FISCAL YEAR 25. AUDITORS ARE ON SITE THIS MONTH, AND WE WILL LIKELY HAVE IT IN JANUARY OR FEBRUARY. I'LL COME BACK TO REPORT TO YOU THE FINAL NUMBERS FOR FISCAL YEAR 25. I'LL GIVE YOU YOUR FUND BALANCE AND ALL THAT STUFF AS WELL. SO HOPING FOR NEXT MONTH, BUT LIKELY FEBRUARY WILL BE WHEN I COME BRING YOU THE FISCAL YEAR 25 FINANCIALS. SO WHENEVER WE START OFF WITH FISCAL YEAR IT IS A LITTLE BIT SLOWER. WE'RE OPENING OPENING POS AND DOING POS AND ALL THAT STUFF. SO IF WE'RE LOOKING AT THE MONTH, WE COLLECTED A LITTLE BIT OVER $2.2 MILLION IN REVENUE. THE MAJORITY OF THAT WAS SALES TAX REVENUE. WE'RE LOOKING AT EXPENDITURES. WE HAD SLIGHTLY UNDER 300,000 FOR OPERATIONAL EXPENSES, 25,000 FOR PROJECT EXPENSES. THE THERE ARE STILL A LOT OF ACTIVITY FOR PROJECTS IN IN OCTOBER, BUT THEY GOT BACK DATED BACK TO THE PRIOR YEAR ON THEIR ACCRUAL BASIS JUST WHEN THAT ACTUAL WORK WAS DONE. SO WE STILL PAID A LOT OUT IN OCTOBER, THOUGH. THE NON-DEPARTMENTAL, THE MAIN THING IS YOUR INS TRANSFER, WHICH IS A LITTLE BIT HIGHER NOW THAT THERE'S SOME SOME NEW DEBT THAT WAS ISSUED IN 2025, LOOKING AT SALES TAX, THIS IS MONEY WE RECEIVED IN OCTOBER BUT APPLIES TO AUGUST SALES. YOU CAN SEE THAT WE HAD A 3.2% INCREASE. ALLEN HAD 20.4% INCREASE, FRISCO HAD A 1.8% INCREASE AND FRISCO HAD A SIX, OR PLANO HAD A 6.1% INCREASE. OBVIOUSLY, ALLEN STANDS OUT. I KNOW THAT COSTCO OPENED, YOU KNOW, TOWARDS THE LATTER PART OF THAT MONTH. I CAN'T REALLY SAY THAT WOULD CONTRIBUTE TO 20% INCREASE. SUPPOSEDLY THERE IS SOMETHING WITH THE DATA CENTER AS WELL. WHAT THEY'RE SAYING WE ACTUALLY DO HAVE CONTACTS AT ALLEN. THEY'RE JUST SAYING IT'S INCREASED CONSUMER SPENDING, WHICH IS JUST THE NORM. IT SEEMS LIKE EVERYONE TELLS US. BUT COSTCO DID OPEN IN THE MONTH OF AUGUST AS WELL, SO JUST WASN'T THERE FOR THE FULL MONTH. SO IT'LL BE INTERESTING TO SEE WHEN NOVEMBER WE GET NOVEMBER'S DATA AS WELL. BESIDES THAT, IT IS THE FIRST MONTH OF THE YEAR, SO WHEN WE'RE LOOKING AT YEAR TO DATE VARIANCES, OBVIOUSLY YOU'RE GOING TO SEE A LOT OF, YOU KNOW, VARIANCES AND ALL THAT STUFF AS WE START OFF THE YEAR. AND THOSE WILL KIND OF NORM YOUR WAY OUT AS WE GET DEEPER. NOTHING WAS REALLY CONCERNING. THE MAIN THING WE LOOK AT OBVIOUSLY IS RETAIL TRADE. THAT'S AT 3%. AND WE'VE BEEN REALLY STEADY AT THAT FOR ALMOST A YEAR NOW. AND YOU'LL SEE MANUFACTURING WAS DOWN 15%. BUT LET'S GIVE IT A FEW MONTHS. AND THAT SHOULD KIND OF WORK ITS WAY BACK UP. BUT AFTER THREE MONTHS OR SO, IF WE START SEEING CONTINUED DECREASES, THEN WE'LL LOOK A LITTLE BIT MORE INTO IT. AND SAYING THAT, I'LL BE HAPPY TO ANSWER ANY QUESTIONS. ANY QUESTIONS? I'LL ENTERTAIN A MOTION TO APPROVE THE FINANCIALS. I'LL MAKE THAT MOTION. SECOND MOTION BY JULI, SECOND BY THYROID CANCER VOTES. MOTION PASSES. NEXT WE HAVE 25 [Receive/Consider/Discuss CIP Presentation on Transportation Infrastructure Initiative and Economic Development Program Pursuant to Article VII, Section 5.b. of the Eighth Amended MEDC Bylaws] 3492. RECEIVE. CONSIDER DISCUSS CIP PRESENTATION ON TRANSPORTATION INFRASTRUCTURE INITIATIVE AND ECONOMIC DEVELOPMENT PROGRAM PURSUANT TO ARTICLE SEVEN, SECTION FIVE B OF THE EIGHTH AMENDED MEDICI BYLAWS. SIR. GOOD MORNING, MR. CHAIRMAN AND BOARD MEMBERS, I'M TRACY LUND, ASSISTANT DIRECTOR OF ENGINEERING, AND I'M GOING TO PRESENT YOU AN UPDATE TODAY FOR OUR TRANSPORTATION INFRASTRUCTURE INITIATIVE AND ECONOMIC DEVELOPMENT PROGRAM. SO AS YOU WILL RECALL, THIS PROGRAM WAS INITIATED AND ADOPTED IN 2022 TO PROVIDE SALES TAX REVENUE TO FUND ROADWAY INFRASTRUCTURE PROJECTS THAT SUPPORT ECONOMIC DEVELOPMENT. AS YOU SEE IN THE CHART ON THE LEFT, WE HAD ORIGINALLY PROJECTED ABOUT $16 MILLION WOULD BE GENERATED BETWEEN FISCAL YEAR 23 AND 27. BASED ON OUR CURRENT RESULTS, IT LOOKS LIKE WE'RE ON TRACK TO MEET OR EXCEED THAT. OUR FISCAL YEAR 25 ACTUAL REVENUE IS ABOUT 1.7 MILLION FOR BOTH MEDC AND CDC, SO A TOTAL OF 3.4 MILLION. OUR PROGRAM TOTAL TO DATE FROM [00:25:08] 22 TO CURRENT IS 7.2 MILLION TOTAL. SO THIS SLIDE IS A LIST OF ELIGIBLE PROJECTS THAT SUPPORT SUPPORT ECONOMIC DEVELOPMENT FOR ROADWAY INFRASTRUCTURE PROJECTS. SO THIS LIST PROBABLY HASN'T CHANGED A LOT FROM WHAT YOU SAW LAST YEAR. A COUPLE PROJECTS THAT HAVE DROPPED OFF THE LIST DUE TO BEING COMPLETED IN CONSTRUCTION OR DISCONTINUED BY THE CITY. A COUPLE PROJECTS ADDED AND OF COURSE, BUDGET NUMBERS ADJUSTED, BUT OTHER THAN THAT, IT'S PRETTY SIMILAR LIST TO WHAT YOU WHAT YOU SAW LAST YEAR. STAFF'S CURRENT EXPECTATION IS THAT THAT FUNDING WOULD BE DIRECTED TOWARDS THE VENUE PROJECT, BUT THAT, OF COURSE, IS TO BE DETERMINED. AND THIS IS JUST A MAP THAT SHOWS LOCATIONS OF THE PROJECTS ON THAT LIST. AND WITH THAT, I'LL OPEN IT TO ANY QUESTIONS. ANY QUESTIONS? SO NO, THIS IS JUST ANOTHER GOOD WAY FOR US TO SAY TO THE COMMUNITY THAT THE ECONOMIC DEVELOPMENT CORPORATIONS AND PEOPLE THAT ARE ACTUALLY SPENDING MONEY IN THE CITY OF MCKINNEY ARE ACTUALLY GIVING BACK TO THE COMMUNITY IN THE WAYS OF HELPING THE INFRASTRUCTURE OF OUR GREAT CITY. RIGHT? SO IT'S ACTUALLY TAKING THE BURDEN OFF TAXPAYERS THAT'S COMING OUT OF THEIR PROPERTY TAX. AND ACTUALLY SALES TAX IS ACTUALLY CONTRIBUTING TO THE INCREASED ROAD STRUCTURE OF MCKINNEY. SO I THINK IT'S SOMETHING THAT WE SHOULD PROBABLY NOTATE AND SHOW THAT THE GOOD THINGS OF THE THE TWO SISTER COMPANIES ARE DOING TO, AGAIN, HELP TAKE THE BURDEN OFF OUR RESIDENTS OF MCKINNEY WHEN IT COMES TO THE INFRASTRUCTURE PUT IN PLACE. YEAH, VERY GOOD. ANYBODY ELSE? THANK YOU SIR. THANK YOU. THANK YOU. NEXT WE HAVE 25 3493. [Consider/Discuss/Act on Chamber of Commerce Awards Based on Nominations] CONSIDER. DISCUSS ACT ON THE CHAMBER OF COMMERCE AWARDS BASED ON NOMINATIONS. MISTER CHAIRMAN, THANK YOU SO MUCH FOR DOING SOME VOTING AHEAD OF THIS MEETING. YOU HAVE IN FRONT OF YOU A SUMMARY SHEET OF THE RESULTS. AS A REMINDER, PLEASE DO NOT SAY THE COMPANY, ORGANIZATION OR PERSON NAMES. IF THE GROUP AGREES WITH WHAT THE RESULTS ARE, A SINGLE MOTION CAN BE MADE TO ACCEPT THE RESULTS AS PRESENTED, WITH THE CAVEAT THAT IF ANY OF THE WINNERS SAY, HEY, WE WE DON'T WANT TO ACCEPT THE AWARD, WE'RE WE'RE TOO HUMBLE FOR THAT, THAT WE CAN GO TO THE NUMBER TWO PERSON AND AWARD THE AWARD IN THAT SENSE. SO. ALL RIGHT, MR. CHAIRMAN, OKAY. AND YOU ALL HAVE THE LIST IN FRONT OF YOU. I MOVE TO ACCEPT AND. WELL, I JUST WANT TO MAKE ONE COMMENT SO THAT THE PUBLIC KNOWS BECAUSE WE, AS IT RELATES TO THIS QUOTE, PRE VOTE, IT WAS DONE IN A WAY WHERE NONE OF US KNEW HOW ANYBODY ELSE VOTED, AND THERE WAS NO EMAIL OR SENT OUT WHERE EVERY BOARD MEMBER WAS ON. IT WAS A INDIVIDUAL VOTE AND COUNT. SO NONE OF US HAVE SEEN THIS UNTIL TODAY. YOU KNOW, IT REMINDS ME, FOR THE RECORD, FOR THE THE AUDIENCES KNOWLEDGE WE HAVE FOR AWARDS THIS YEAR AT THE CHAMBER EVENT, BEST NEW CORPORATE BUSINESS, BEST WORK WORKFORCE DEVELOPMENT AWARD. REALLY A BEST BUSINESS RETENTION ATTRACTION OR EXPANSION. AND THEN A PIONEER AWARD, WHICH FOR INNOVATION, THOSE ARE FOUR CATEGORIES. AND AGAIN, YEAH, A PRIVATE SURVEY WAS SENT TO EACH BOARD MEMBER. RIGHT. YEP. MOTION BY I'LL SECOND. SECOND BY THAD. THERE WE GO. VOTES. THAT MOTION PASSES AND THE WINNERS WILL FIND OUT SOON ENOUGH. YES, SIR. WHEN'S THE WHEN'S THE AWARD CEREMONY? BEFORE WE DO MAKE SURE THEY'RE THEY'RE 20TH. YEAH. IN FEBRUARY. YEP. WE'LL ALERT THEM AND START MAKING THE THE AWARD. TAKE AWAY THE TROPHY AS WELL. SO WE DO THAT IN JANUARY FEBRUARY 20TH. RIGHT. I THINK THAT FEELS ABOUT RIGHT. YEAH. THEY'RE DOING AN INDIANA AWARD TO KNOW TO BE DETERMINED. YES OKAY. ALL RIGHT. SO WITH THAT ANY PUBLIC COMMENTS REGARDING OTHER MATTERS NOT ON THE AGENDA. MR. BELLAR, GOOD LUCK TO YOUR HARDING FOOTBALL TEAM. IN SOLIDARITY TO THE CITY COUNCIL, I WILL SUPPORT HARDING UNIVERSITY AT IN WATCHING AND I WATCH THE GAME FIELD LOOKS REALLY COOL WHEN IT'S ON TV. WE HAVE ANY BOARD COMMENTS? OKAY, [BOARD COMMENTS] [EXECUTIVE SESSION] THEN WE'LL GO INTO EXECUTIVE SESSION IN ACCORDANCE WITH TEXAS GOVERNMENT CODE SECTION 551071, SUBPARAGRAPH TWO. CONSULTATION WITH ATTORNEY ON ANY WORK SESSION. SPECIAL REGULAR SESSION AGENDA ITEM REQUIRING CONFIDENTIAL ATTORNEY CLIENT ADVICE NECESSITATED BY [00:30:03] THE DELIBERATION OR DISCUSSION OF SAID ITEMS AS NEEDED, AND LEGAL CONSULTATION ON THE FOLLOWING ITEMS. LET ME DO THAT LIKE THEY DO ON VERY GOOD LEGAL LEGAL STUFF WHERE THEY READ REAL FAST. 551 DELIBERATION ABOUT REAL PROPERTY. SECTION 55107 FOR PERSONNEL MATTERS. SECTION 551087 DELIBERATION REGARDING ECONOMIC DEVELOPMENT MATTERS AS POSTED ON THE AGENDA PROJECT DURANT, MIRAGE, TURGEN, BLACKLAND PARTNERS AND VENUE. WE WILL BE BACK AFTER RECESS IN THE EVENT THAT WE NEED TO VOTE ON ANYTHING, AND IT IS 8:31 A.M. AND WE * This transcript was compiled from uncorrected Closed Captioning.